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CBE - GEIE is Intermediary Organisation (IO) in the  “Erasmus for Young Entrepreneurs” Programme.

 "Erasmus for Young Entrepreneurs" is financed by the European Commission and operates across the Participating Countries with the help of the local contact points as Coopération Bancaire pour l'Europe in Belgium. 
Please read the programme guide (English)for more information on conditions of participation. This guide is also available in German and French.

 

Objectives of the programme

Erasmus for Young Entrepreneurs is a cross-border exchange programmewhich gives new or aspiring entrepreneurs the chance to learn from experienced entrepreneurs running small businesses in other Participating Countries.The exchange of experience takes place during a stay with the experienced entrepreneur, which helps the new entrepreneur acquire the skills needed to run a small firm. The host benefits from fresh perspectives on his/her business and gets the opportunities to cooperate with foreign partners or learn about new markets.

As a new entrepreneur, you will benefit from on-the-job training in a small or medium-sized enterprise elsewhere in the Participating Countries. This will ease the successful start of your business or strengthen your new enterprise. You can also benefit from access to new markets, international cooperation and potential possibilities for collaboration with business partners abroad.

As a host entrepreneur, you can benefit from fresh ideas from a motivated new entrepreneur on your business. He may have specialized skills or knowledge in an area you do not master, which could also complement yours. Most host entrepreneurs enjoyed the experience so much that they decide to host other new entrepreneurs afterwards.

It is really a win-win collaboration whereby both of you can also discover new European markets or business partners, different ways of doing business. 
On the longer-term, you will benefit from wide networking opportunities, and, possibly, decide to continue your collaboration, possibly as long-term business partners (e.g. joint ventures, sub-contracting activities, contractor-supplier relationships, etc).

 

Who can participate

New entrepreneurs are young entrepreneurs that started a company in the previous 3 years. Or, aspiring entrepreneurs are young professional interested in starting their own business.

Host entrepreneurs are experienced entrepreneurs leading a company since 3 or more years.

 

How to participate

New and experienced entrepreneurs who are willing to take part in the entrepreneurs exchange programme should apply via the tool and choose their preferredlocal contact point. The local contact point should be active inthe country of residence of the entrepreneur since it will act as a guide and contact point throughout the process. Entrepreneurs living in one of the few countries where no local contact point is available may register with a contact point located in another European country of their choice. Please view the list of the local contact points participating in the Erasmus for Young Entrepreneurs programme.Once you have been accepted, you will be able to find all other valid applications in the online catalogue, which enables you and your local contact point to search for suitable matches.  It is recommended that potential candidates read carefully the registration guide (new entrepreneur guide//host entrepreneur guide) to have all required information at hand before starting the registration process.

 

Step by step

Main steps to follow to participate in the Erasmus for Young Entrepreneurs programme.

  1. Prepare your application documents: curriculum vitae, motivation and, in addition for the new entrepreneurs, a business plan;
  2. Register via the online form (link) and submit your CV and business plan (for new entrepreneurs only);
  3. Build a relationship with a new or host entrepreneur abroad (two options): a) You suggest to your local contact point a new or host entrepreneur with whom you are already in contact, or b) You look for a new or host entrepreneur in the online catalogue with the help of your local contact point. 
  4. Reach an agreement with your new or host entrepreneur about the work and learning project (i.e. about the dates, objectives and activity plan of the exchange) and submit the details to your local contact point; 
  5. Signature of Commitment to Quality: A Commitment to Quality (link) should be (digitally) signed by all partners involved in the relationship. As a new entrepreneur, you should equally conclude a funding agreement with your local contact point;
  6. Start of the stay abroad: The duration of the exchange may be from 1 to 6 months with the possibility of dividing the stay into weekly slots (providing the time span does not exceed a total of 12 months);
  7. The financial assistance to the new entrepreneur will be provided in several payments, according to the agreement signed with his/her local contact point.
 

Financial support

New or aspiring entrepreneurs will receive a financial support to cover travel and accomodation costs. The support varies from country to country and it can be from a minimun of 500 to a maximun of 1.100 euro a month.

The financial support can be provided for a period between a minimum of 1 and a maximum of 6 months.

For more information you can contact us: cbe@cbe.be